Your gateway to a free society
Article
Jefferies Identifies High-Quality Energy And Materials Stocks As Cyclical Rotation Accelerates
Jefferies Identifies High-Quality Energy And Materials Stocks As Cyclical Rotation Accelerates
Jefferies analyst Lloyd Byrne wrote in a note on Monday that surging refined-product margins, stronger gas-fired power demand, and improving earnings estimates are providing clear tailwinds for energy stocks, even as valuations and technicals appear stretched.
Byrne showed that the clearest source of strength in the energy market is refining. The six-month New York Harbor diesel-to-crude spread topped $100 (HOCL1 Index on Bloomberg) and has moved in close tandem with the Energy Select Sector SPDR Fund (XLE).
Included in the "10...
aboutLiberty Portal
Liberty Portal is your gateway for free markets and free thinking. We aggregate open-sourced content to promote and popularize important people and lessons within the liberty movement.
suggested
May 11, 2026 / Tyler Durden
Buckle Up For A Wild Week
Buckle Up For A Wild Week
Authored by James Howard Kunstler,
The Earth Moves Just a Bit
“Operation Epic Fury was the loud one. Operation Economic Fury is the quiet one. . . . While the carriers were on television, Treasury was doing the actual demolition.”
- Jesús Enrique Rosas on X
Expect a consequential week.
The Persian Gulf remains closed and colossal oil slicks leak out of Kharg Island while Iran blusters and stomps its feet. No one can even try to buy its oil anymore, not even China. The sanctions are too...
Read more
Sep 8, 2026 / Tyler Durden
More Investing Myths Dismantled
More Investing Myths Dismantled
Authored by Lance Roberts via RealInvestmentAdvice.com,
“Investing Myths Dismantled” is chapter 4 of a 5-part series examining the narratives around “investing for the long run.”
Chapter 1: Think Like An Investor
Chapter 2: Investor Psychology
Chapter 3: Why Crashes, Timing & Valuations Matter
Chapter 3 of this series, linked above, ended with a simple question. If the math so plainly says avoid big losses, respect valuations, and mind your timing, why does so much of the industry preach the opposite? Why are you told to stay fully invested no matter what, that...
Read more
Jul 26, 2026 / Tyler Durden
The AI Capex Bill Comes Due
The AI Capex Bill Comes Due
Authored by Lance Roberts via RealInvestmentAdvice.com,
The S&P 500 spent most of the year riding above its 50-day moving average, and we have warned for the last couple of weeks that a break lower would be worth paying attention to. That break occurred on Thursday, as the index closed the week at 7,411.98, roughly 0.8% below the 50-DMA at 7,467, marking its first decisive break below that line in months.
Momentum has clearly rolled over. The 14-day RSI sits in the mid-40s, below the neutral 50...
Read more
support
If you like what we do and want to support us, then you are a fine humanitarian. Click the link below to find out more.
Support the liberty movement
Want to get in touch?